Recent content by Witcher

Some more on LLP Taxasion and non res status...interesting... "Potentially UK LLP with two members being offshore companies will not pay any Corporation Tax or personal income tax in the UK, if members or directors of offshore companies are non-UK residents; no trade is made in and with the UK...

I looked into it a bit more thou I need to do more thorough research next week when offices open again. It seems that another option in the UK setup would be to incorporate a LLP instead of a LTD. Sums up to this: "Because an LLP is a tax neutral entity, this exemption also applies to...

Yeah, after a bit of research, seems that you need to pay the tax in the UK no matter what so that's a no go. Then Cyprus I guess...or one of the exotic ones. Just sent an email to Transferwise asking whats up with business acc if the company is registered at some exotic place. Will post the...

According to PwC: "A non-resident company is subject to UK corporation tax only on the trading profits of a UK PE or the trading profits attributable to a trade of dealing in or developing UK land (irrespective of whether there is a UK PE). Any other UK-source income received by a non-resident...

Yeah, that's what I'll google now. Seems that even if you wouldn't do any business in the UK you would still need to pay some tax over there, while in Cyprus you don't pay any if the company isn't doing any business in the country. Anyone has any experience or info on the UK non-resident company...

Damn, man, thanks!hap¤#" 125 quids for a non res company sounds good. Thanks guys! What is then the difference in terms UK vs Cyprus? If I got it right, Cyprus would be better if I wanted to hide my a*s behind nominees and what not but if the privacy in not that important then UK is both...

Hey Admin, thanx for the input! Hm, I didn't look into UK option in detail but I did see a quote on one website and it was more expensive than Cyprus. Not in that 1000 EUR bracket I've mentioned. If nothing else I'll pay some more and consider it as a cost of doing business but generally I...

Hey guys, Stumbled upon this forum today, good stuff! I'm thinking of incorporating an off-shore company so wanted to ask you for some input. I have an EU passport, doing web design and moving often. In the last three years longest I've been at one place was 9 months. In EU countries I...